IRP calls for Expression of Interest under IBC Orchid Pharma is undergoing Corporate Insolvency Resolution Process pursuant to the order of NCLT, Chennai Bench dated 17 August 2017. In terms of the IBC, the Resolution Professional has called for Expression of Interest (EoI) for the purpose of submission of resolution plan in accordance with…
DetailsDear Dave: Our son is about to graduate from law school. He took out a loan to cover the cost, but weve always been debt-free and have been paying on it to help him out while he finishes his studies. The balance on the loan right now is around $30,000. He has a job waiting…
DetailsNovember 17, 2017 Hudson Lockett Listen to this article Play audio for this article Pause 00:00 00:00 This is an experimental feature. Give us your feedback. Thank you for your feedback. What do you think? Ill use it in the future I dont think Ill use it Please tell us why (optional) … Read the…
DetailsUntil the 45th Parliament, much of the nation’s understanding of the constitution seemed to flow from The Castle. An unprecedented number of politicians have either been booted from Parliament or had to fend off questions about their eligibility. So far, 11 sitting or prospective politicians have fallen foul of section 44 of the…
DetailsIt was an unexpected call offering Annette Loynaz a plan to start paying a federal student loan of $39,897 that got her attention. I had no clue who they were but I thought they were the owners of the loan, she said. Loynaz says The Florida-based company, Strategic Student Solutions, put her on a monthly…
DetailsChina Huishan Dairy Holdings Co., the Hong Kong-listed dairy company targeted by short sellers including Muddy Waters Capital LLC, said on Thursday that it is preparing for provisional liquidation. The firm had told its Cayman legal advisers to make the preparations, it said in a Hong Kong stock exchange filing. Huishans board earlier found that…
DetailsNEW DELHI: Less than a year after it kicked in, the government on Thursday appointed a committee headed by corporate affairs secretary I Srinivas to review the Insolvency & Bankruptcy Code (IBC) to address concerns and remove glitches. The 14-member committee which includes Insolvency & Bankruptcy Board of India (IBBI) chairman MS Sahoo, representatives from…
DetailsRugbyWA is going into voluntary administration after the state’s rugby body said it cannot afford to pay legal costs being sought over two failed legal attempts to save the Western Force. The development comes after the Force was cut from the Super Rugby competition earlier this year. RugbyWA took legal action to try to…
DetailsRelated Story: Building company accused of owing workers millions fails to get hijacked website shut down The director of a building company that collapsed owing $20 million has failed to provide records to the firm’s liquidator, claiming he cannot cooperate because of “mental conditions”. Key points: Imagebuild Group director Brett Spits…
DetailsHONG KONG, Nov 16 (Reuters) – China Huishan Dairy Holdings Ltd, which earlier this month said it had come to an agreement with a majority of Chinese creditors on a debt restructuring, said it instructed lawyers to prepare for its provisional liquidation. Chinas largest integrated dairy company said on Thursday it had issued the instruction…
Details